Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004448 | +0.0220 | pay 0.0220% / 8h | 56m 02s | $4.0M | $14.5M | 75x | Long BloFin | |
| SHORT | 0.000004478 | +0.0103 | get 0.0013% / 1h | 56m 02s | $46K | $229K | 10x | Short Phoenix |
Price gap+0.674%
Funding gap−0.0117% /8h
The gap pays +$59 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 17 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$22−0.0117% /8h now · paid −0.216% over the last 7D
Price+$59spread +0.674% now, avg +0.080% → +0.594% if it goes back
Costs−$710.706% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.674%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size10.1 / 25.0 bpAt $10k entering Phoenix costs 25.0 bp, fee and slippage, 2.5× BloFin’s.
- Note: Margin at max leverage$133 + $1,000BloFin 75x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.51Long BloFin: 3 payments, −$6.60; short Phoenix: 24 payments, +$3.09.
- OK: Entry gap works for you+0.674% vs +0.080%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$46K vs $4.0M OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Phoenix NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0103%/8h × 21 periods−$21.61
Price spread+0.674% → +0.080% (7d avg)+$59.41
Slippage, 4 orderslive order books−$51.63
Fee BloFin bp × 2 orders−$12.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$32.83
Costs to cover0.706%Break-evennever at this rate
Slippage: BloFin: live order book, 7 min ago; Phoenix: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin0.1110.1 bp−$1022.3 bp−$223doesn’t fitdoesn’t fit
SELL · SHORTPhoenix2.2525.0 bp−$2584.5 bp−$845doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-22 06:00 | KuCoin | Other | Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗ |
| 09-28 17:53 | Phoenix | Listing | Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗ |
| 09-24 15:00 | Phoenix | Listing | new market kPEPE ($PEPE) seen by our collector |
| 09-23 09:30 | Phemex | Other | BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗ |


OKX
KuCoin
Phemex